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AvalonBay Communities, Inc. (AVB)
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AvalonBay Communities, Inc. (AVB) Return on Invested Capital (ROIC): 4.28%

Is AvalonBay Communities, Inc.’s return on invested capital (ROIC) high or low?

AvalonBay Communities, Inc.'s return on invested capital (ROIC) of 4.28% is in line with its 5-year average of 4.02%, near the high end of its 5-year range (3.16%–4.52%).

As of Friday, June 12, 2026. 2.73% below its 12-month average of 4.40%.

AVB Return on Invested Capital (ROIC) Chart

AVB Return on Invested Capital (ROIC)
4.28%-5.31% 1Y
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AVB Average Return on Invested Capital (ROIC) Chart

AVB Current vs Average Return on Invested Capital (ROIC) Chart

AVB Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

4.28%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

4.40%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

4.28%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

4.02%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

4.22%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

3.75%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

3.44%

CURRENT VS TTM AVG

-2.73%

CURRENT VS 3Y AVG

+0.06%

CURRENT VS 5Y AVG

+6.56%

CURRENT VS 10Y AVG

+1.31%

CURRENT VS 15Y AVG

+14.21%

CURRENT VS 20Y AVG

+24.42%

AVB Competitors' Return on Invested Capital (ROIC)

NAMEMARKET CAPRETURN ON INVESTED CAPITAL (ROIC)TTM3Y5Y
AvalonBay Communities, Inc. (AVB)$26.39B4.28%4.40%4.28%4.02%
VICI Properties Inc. (VICI)$30.60B7.92%7.91%6.98%6.96%
SBA Communications Corporation (SBAC)$21.60B10.05%11.31%9.79%6.20%
Kimco Realty Corporation (KIM)$17.37B3.80%3.38%3.04%2.90%
Crown Castle Inc. (CCI)$40.17B6.81%-1.27%2.54%3.39%
Ventas, Inc. (VTR)$40.78B3.16%2.95%2.18%2.17%
Federal Realty Investment Trust (FRT)$10.86B480.25%243.00%124.41%84.51%
Agree Realty Corporation (ADC)$8.98B3.51%3.52%3.39%3.41%
NNN REIT, Inc. (NNN)$8.77B6.10%6.31%6.25%5.96%
Terreno Realty Corporation (TRNO)$7.09B3.66%3.42%3.48%3.75%

Capital Efficiency

ROIC

4.3%

ROE

9.8%

AvalonBay Communities, Inc. Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital

Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

AvalonBay Communities, Inc. Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for AvalonBay Communities, Inc. (AVB)?
The return on invested capital (ROIC) for AVB stock is 4.28%.
Is AvalonBay Communities, Inc.'s return on invested capital (ROIC) high or low?
AvalonBay Communities, Inc.'s return on invested capital (ROIC) of 4.28% is in line with its 5-year average of 4.02%, near the high end of its 5-year range (3.16%–4.52%).
What is the TTM average return on invested capital (ROIC) for AvalonBay Communities, Inc. (AVB)?
The TTM average return on invested capital (ROIC) for AVB stock is 4.40%.
What is the 3Y average return on invested capital (ROIC) for AvalonBay Communities, Inc. (AVB)?
The 3Y average return on invested capital (ROIC) for AVB stock is 4.28%.
What is the 5Y average return on invested capital (ROIC) for AvalonBay Communities, Inc. (AVB)?
The 5Y average return on invested capital (ROIC) for AVB stock is 4.02%.
What is the 10Y average return on invested capital (ROIC) for AvalonBay Communities, Inc. (AVB)?
The 10Y average return on invested capital (ROIC) for AVB stock is 4.22%.
What is the 15Y average return on invested capital (ROIC) for AvalonBay Communities, Inc. (AVB)?
The 15Y average return on invested capital (ROIC) for AVB stock is 3.75%.
What is the 20Y average return on invested capital (ROIC) for AvalonBay Communities, Inc. (AVB)?
The 20Y average return on invested capital (ROIC) for AVB stock is 3.44%.

AvalonBay Communities, Inc. Return on Invested Capital (ROIC) History

DATERETURN ON INVESTED CAPITAL (ROIC)
2025-12-314.28%
2024-12-314.52%
2023-12-314.39%
2022-12-313.92%
2021-12-313.16%
2020-12-313.83%
2019-12-314.45%
2018-12-314.66%
2017-12-314.49%
2016-12-314.54%
2015-12-314.23%
2014-12-313.87%
2013-12-312.38%
2012-12-313.41%
2011-12-313.83%
2010-12-310.00%
2009-12-311.66%
2008-12-311.79%
2007-12-314.24%
2006-12-314.59%
2005-12-310.00%
2004-12-310.00%
2003-12-310.00%
2002-12-310.00%
2001-12-310.00%
2000-12-310.00%
1999-12-310.00%
1998-12-3130.68%
1997-12-310.00%
1996-12-310.00%

About AvalonBay Communities, Inc.

At the close of 2020, AvalonBay Communities held a direct or indirect ownership stake in a substantial portfolio encompassing 291 apartment communities. These properties collectively contained 86,025 residential units across 11 states and the District of Columbia. Among these, 18 communities were actively under development, and one was undergoing redevelopment. As an equity REIT, AvalonBay's primary activities involve the development, redevelopment, acquisition, and management of apartment communities. The company strategically targets prominent metropolitan areas such as New England, the New York/New Jersey metro region, the Mid-Atlantic states, the Pacific Northwest, and both Northern and Southern California. Furthermore, AvalonBay is expanding its presence into key growth markets, specifically Southeast Florida and Denver, Colorado.

Arlington, VA
2,928 employees
Real Estate / REIT - Residential
Sector
Real Estate
Industry
REIT - Residential
CEO
Benjamin W. Schall